Title 41

NRS 463.426 Powers of Board. [Replaced in revision by NRS 463.349.]

NRS 463.427 Unauthorized use or dissemination of live broadcast prohibited. Repealed. (See chapter 181, Statutes of Nevada 2025, at page 1147.) DISSEMINATION AND BROADCAST OF INFORMATION CONCERNING RACING

NRS 463.430 Unlawful to disseminate information without license; exceptions. Repealed. (See chapter 181, Statutes of Nevada 2025, at page 1147.)

NRS 463.435 Renewal of license: Application to include information relating to state business license; denial of renewal for unpaid debt assigned to State Controller for collection. Repealed. (See chapter 181, Statutes of Nevada 2025, at page 1147.)

NRS 463.440 Regulation and control of dissemination of information: Public policy of State; power of Commission; regulations. Repealed. (See chapter 181, Statutes of Nevada 2025, at page 1147.)

NRS 463.445 Control of rates charged by disseminator; report of financial information. Repealed. (See chapter 181, Statutes of Nevada 2025, at page 1147.)

NRS 463.450 Fees: Amount; collection; overpayment or underpayment; deposit in State General Fund. Repealed. (See chapter 181, Statutes of Nevada 2025, at page 1147.)

NRS 463.460 Licensee to furnish information without discrimination. Repealed. (See chapter 181, Statutes of Nevada 2025, at page 1147.)

NRS 463.462 Payment of child support: Statement by applicant for license; grounds for denial of license; duty of Commission. Repealed. (See chapter 181, Statutes of Nevada 2025, at page 1147.)

NRS 463.464 Suspension of license for failure to pay child support or comply with certain subpoenas or warrants; reinstatement of license. Repealed. (See chapter 181, Statutes of Nevada 2025, at page 1147.)

NRS 463.466 Application for license to include social security number of applicant. Repealed. (See chapter 181, Statutes of Nevada 2025, at page 1147.)

NRS 463.480 Penalty. Repealed. (See chapter 181, Statutes of Nevada 2025, at page 1147.) LICENSING OF CORPORATIONS, LIMITED PARTNERSHIPS, LIMITED-LIABILITY COMPANIES AND OTHER SIMILAR ORGANIZATIONS General Provisions

NRS 463.482 Definitions. As used in NRS 463.160 to 463.170, inclusive, 463.368, 463.386, 463.482 to 463.645, inclusive, and 463.750, unless the context otherwise requires, the words and terms defined in NRS 463.4825 to 463.488, inclusive, have the meanings ascribed to them in tho…

NRS 463.4825 “Affiliated company” defined. “Affiliated company” means a subsidiary company, holding company, intermediate company or any other form of business organization that: 1. Controls, is controlled by or is under common control with a licensee which is a corporation or li…

NRS 463.483 “Director” defined. “Director” means any director of a corporation or any person performing similar functions with respect to any organization. (Added to NRS by 1969, 365)

NRS 463.484 “Equity security” defined. “Equity security” means: 1. Any voting stock of a corporation, or similar security; 2. Any security convertible, with or without consideration, into such a security, or carrying any warrant or right to subscribe to or purchase such a securit…

NRS 463.4845 “General partner” defined. “General partner” means any general partner of a limited partnership or any person performing similar functions. (Added to NRS by 1979, 1520)

NRS 463.485 “Holding company” defined. 1. “Holding company” means any corporation, firm, partnership, limited partnership, limited-liability company, trust or other form of business organization not a natural person which, directly or indirectly: (a) Owns; (b) Has the power or ri…

NRS 463.4855 “Interest in a limited-liability company” defined. “Interest in a limited-liability company” means a member’s share of the profits and losses of a limited-liability company and the right to receive distributions of the company’s assets. (Added to NRS by 1993, 1993)

NRS 463.486 “Intermediary company” defined. “Intermediary company” means any corporation, firm, partnership, limited partnership, limited-liability company, trust or other form of business organization other than a natural person which: 1. Is a holding company with respect to a c…

NRS 463.4862 “Limited-liability company” defined. “Limited-liability company” means a limited-liability company organized and existing pursuant to the provisions of chapter 86 of NRS or formed under the laws of any jurisdiction other than this State. (Added to NRS by 1993, 1993; …

NRS 463.4863 “Limited partner” defined. “Limited partner” means any limited partner of a limited partnership or any other person having similar rights. (Added to NRS by 1979, 1520)

NRS 463.4864 “Limited partnership” defined. “Limited partnership” means a partnership formed by two or more persons pursuant to the terms of chapter 87A or 88 of NRS or the laws of any state other than this State, having as members one or more general partners and one or more lim…

NRS 463.4865 “Limited partnership interest” defined. “Limited partnership interest” means the right of a general or limited partner to receive from a limited partnership: 1. A share of the profits; 2. Any other compensation by way of income; or 3. A return of any or all of the ge…

NRS 463.4866 “Manager” defined. “Manager” means a person designated or selected to manage a limited-liability company. (Added to NRS by 1993, 1993; A 1997, 732)

NRS 463.4867 “Member” defined. “Member” means a person who owns an interest in a limited-liability company. (Added to NRS by 1993, 1993)

NRS 463.4868 “Pension or employee benefit plan” defined. 1. “Pension or employee benefit plan” means an employee pension or welfare benefit plan subject to the Employee Retirement Income Security Act of 1974 or a state or federal government pension plan. 2. The term does not incl…

NRS 463.4869 “Proscribed activity” defined. “Proscribed activity” means: 1. An activity that necessitates a change or amendment to the corporate charter, bylaws, management, policies or operation of a publicly traded corporation that is registered with the Commission; 2. An activ…

NRS 463.487 “Publicly traded corporation” defined. 1. “Publicly traded corporation” means: (a) Any corporation or other legal entity except a natural person which: (1) Has one or more classes of securities registered pursuant to section 12 of the Securities Exchange Act of 1934, …

NRS 463.488 “Subsidiary” defined. “Subsidiary” means: 1. A corporation any part of whose outstanding equity securities are: (a) Owned; (b) Subject to a power or right of control; or (c) Held with power to vote, Ê by a holding company or intermediary company; or 2. A firm, partner…

NRS 463.489 Policy of State; waiver of requirements. 1. The policy of the State of Nevada with respect to the issuance of state gaming licenses to corporations is: (a) To broaden the opportunity for investment in gaming through the pooling of capital in corporate form. (b) To mai…

NRS 463.490 Qualifications for state gaming license for corporations other than publicly traded corporations. In order to be eligible to receive a state gaming license, a corporation, other than a publicly traded corporation, must: 1. Be incorporated: (a) In the State of Nevada, …

NRS 463.505 Prior approval by Chair of Board required to grant option to purchase security issued by corporation other than publicly traded corporation or to dispose of existing option to acquire such security; review of denial of approval. 1. The purported granting of an option …

NRS 463.510 Prior approval by Commission required for other disposition of securities issued by corporation other than publicly traded corporation; restrictions on unsuitable persons; statement on certificate. 1. The purported sale, assignment, transfer, pledge, exercise of an op…

NRS 463.520 Registration with Board by corporations other than publicly traded corporations; required information. A corporation, other than a publicly traded corporation, which applies for a state gaming license shall register as a corporation with the Board, and shall provide t…

NRS 463.530 Individual licensing of officers and directors of corporations other than publicly traded corporations; other persons required to be licensed individually. All officers and directors of a corporation, other than a publicly traded corporation, which holds or applies fo…

NRS 463.540 Limitation on certain powers of corporations other than publicly traded corporations after licensing; approval of Commission. After licensing pursuant to NRS 463.170, a corporation, other than a publicly traded corporation: 1. Before it may issue or transfer any secur…

NRS 463.550 Required reports and statements; income tax return. 1. After licensing pursuant to NRS 463.530, the corporation shall: (a) Report to the Board and Commission in writing any change in corporate personnel who have been designated by the Board or Commission as key execut…

NRS 463.560 Termination of employment of employee found unsuitable or whose license is denied or revoked; licensing of successor. 1. If an employee of a corporate licensee who is required to be licensed individually: (a) Does not apply for a license within 30 days after the Commi…

NRS 463.563 Policy of State; waiver of requirements. 1. The policy of the State of Nevada with respect to the issuance of state gaming licenses to limited partnerships is: (a) To broaden the opportunity for investment in gaming through the pooling of capital in limited partnershi…

NRS 463.564 Qualifications for state gaming license. In order to be eligible to receive a state gaming license, a limited partnership shall: 1. Maintain an office of the limited partnership on the licensed premises; 2. Comply with all of the requirements of the laws of this State…

NRS 463.5665 Prior approval by Chair of Board required to grant option to purchase interest in limited partnership or to dispose of existing option to acquire such interest; review of denial of approval. 1. The purported granting of an option to purchase any interest in a limited…

NRS 463.567 Prior approval by Commission required for other disposition of interest in limited partnership; restrictions on unsuitable persons; statement on certificate. 1. The purported sale, assignment, transfer, pledge, exercise of an option to purchase, or other disposition o…

NRS 463.568 Registration with Board; required information. The limited partnership which applies for a state gaming license shall register as a limited partnership with the Board, and shall provide the following information to the Board: 1. The organization, financial structure a…

NRS 463.569 Individual licensing and registration of partners and other persons; regulations. 1. Every general partner of, and every limited partner with more than a 5 percent ownership interest in, a limited partnership which holds a state gaming license must be licensed individ…

NRS 463.571 Required reports and statements; income tax return. 1. After licensing pursuant to NRS 463.569, the limited partnership shall: (a) Report to the Board and Commission in writing any change in personnel who have been designated by the Board or Commission as key executiv…